Syria, UAE discuss boosting investment and restarting suspended projects in Damascus ...Syria

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Syria, UAE discuss boosting investment and restarting suspended projects in Damascus

The Syrian Investment Agency and the Ministry of Public Works and Housing discussed with a group of Emirati investors on Tuesday ways to enhance bilateral investment cooperation and create a safe and attractive environment to resume suspended projects across Syria.

Minister of Public Works and Housing Mustafa Abdul Razzak said the ministry is developing a special mechanism to facilitate the completion of delayed projects and put them back into operation as soon as possible.

    For his part, Investment Agency Director-General Talal Hilali stated that the agency has drawn up a comprehensive plan to overcome challenges previously faced by investors, ensuring faster investment procedures and providing the required guarantees and facilities.

    The Emirati investors expressed strong interest in expanding their investments in Syria, voicing confidence in the country’s promising growth opportunities and the government’s supportive approach to investment and development.

    Participants included Saeed Ghanem Al-Suwaidi, Chairman of Al-Ghanem Real Estate Development and head of the Real Estate Development Sector at the Sharjah Chamber of Industry, and Tawhid Abdullah, owner of Al-Jawhara International Jewelry and Chairman of the Dubai Gold Council.

    The meeting came as part of ongoing efforts to strengthen Syrian-Emirati economic cooperation and open new horizons for Arab capital to take part in Syria’s reconstruction and sustainable development

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